Revenue
2018
2019
2020
2021
2022
2023
2024
2025
Vertex, Inc. (VERX)
Price$13.75Cached quote
Net income
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $748.4M | $666.8M | $572.4M | $491.6M | $425.5M | $374.7M | $321.5M | $272.4M |
| Gross profit | $481.6M | $426.1M | $348.6M | $298.5M | $263.7M | $209.3M | $211.1M | $176.7M |
| Gross margin | 64.35% | 63.91% | 60.90% | 60.72% | 61.96% | 55.86% | 65.67% | 64.87% |
| Research & development | $83.7M | $66.7M | $58.2M | $41.9M | $44.0M | $54.3M | $30.6M | $23.8M |
| Operating expenses | $479.3M | $428.4M | $366.1M | $306.6M | $266.6M | $314.0M | $179.3M | $179.5M |
| Operating income | $2.3M | −$2.2M | −$17.5M | −$8.1M | −$2.9M | −$104.8M | $31.9M | −$2.8M |
| Operating margin | 0.31% | −0.33% | −3.06% | −1.64% | −0.69% | −27.96% | 9.91% | −1.04% |
| EBITDA | $99.3M | $80.5M | $54.4M | $53.1M | $41.8M | −$72.5M | $57.0M | $22.1M |
| EBITDA margin | 13.26% | 12.07% | 9.50% | 10.80% | 9.83% | −19.36% | 17.74% | 8.10% |
| Net income | $7.2M | −$52.7M | −$13.1M | −$12.3M | −$1.5M | −$75.1M | $31.1M | −$6.1M |
| Net profit margin | 0.96% | −7.91% | −2.29% | −2.50% | −0.35% | −20.04% | 9.66% | −2.24% |
| Basic EPSper basic share | $0.04 | -$0.34 | -$0.09 | -$0.08 | — | — | — | — |
| Diluted EPSper diluted share | $0.04 | -$0.34 | -$0.09 | -$0.08 | — | — | — | — |
Owners
Reported shareholders
7.85%of listed shares
BlackRock, Inc.6.24M shares · Jun 30, 2026
View holders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 7.85%6.24M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 6.28%4.98M shares |
MORGAN STANLEY | 5.20%4.13M shares |
BROWN ADVISORY INC | 4.47%3.55M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 4.00%3.17M shares |
Tensile Capital Management LP | 3.65%2.9M shares |
JPMORGAN CHASE & CO | 3.18%2.53M shares |
D. E. Shaw & Co., Inc. | 2.76%2.19M shares |
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 2.68%2.13M shares |
STATE STREET CORP | 2.59%2.06M shares |
UBS Group AG | 2.55%2.02M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.31%1.84M shares |
NOMURA HOLDINGS INC | 2.10%1.66M shares |
Divisar Capital Management LLC | 2.07%1.64M shares |
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 1.87%1.49M shares |
GOLDMAN SACHS GROUP INC | 1.87%1.48M shares |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.85%1.47M shares |
DeStefano David | ≈1.85%1.47M shares |
Legacy Advisors, LLC | 1.69%1.34M shares |
NORGES BANK | 1.65%1.31M shares |
Percentages use 79.41M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 28, 2026Form 4 | DeStefano DavidDirector | SellClass A Common Stock · indirect | 6.5K | $12.75 | $82.4K | 197.6K |
| Mar 9, 2026Form 4 | ITEM SECOND IRR. TRUST FBO KYLE R. WESTPHAL u/a of JEFFREY R. WESTPHAL dated October 5, 2001TenPercentOwner | BuyClass A Common Stock | 10.0K | $15.05 | $150.5K | 1.22M |
| Feb 23, 2026Form 4 | Young Christopher DavidPresident and CEO | BuyClass A Common Stock · indirect | 60.0K | $12.18 | $730.8K | 60.0K |
| Feb 20, 2026Form 4 | ANDERSEN ERIC C.Director | BuyClass A Common Stock | 40.0K | $12.91 | $516.4K | 150.3K |
| Feb 17, 2026Form 4 | Westphal JeffreyOther | BuyClass A Common Stock · indirect | 150.0K | $12.53 | $1.88M | 397.7K |